Apex Trader Funding
Apex Trader Funding is a futures-focused proprietary trading firm established in 2021, offering funded accounts from $25,000 to $300,000. Traders keep 100% of their first $25,000 in profits, then 90% thereafter. The firm features a one-step evaluation with no daily drawdown limits.
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Firm Overview
Firm Overview
Apex Trader Funding Prop Firm Details
Broker:
Liquidity ProviderPlatform:
Trading Features:
Funding Details:
Payment Methods:
Payout Methods:
Instruments and Assets
Access to 150 futures contracts across multiple asset classes and exchanges, providing diverse trading opportunities.
Category | Symbols | Description |
---|---|---|
Equity Indices | ESNQYMRTYMESMNQMYMM2KNKDEMD | Major stock indices including S&P 500, NASDAQ, Dow Jones |
Currencies | 6E6B6J6C6A6S6N6M | Currency futures on major pairs |
Energy | CLMCLNGQGHORB | Energy futures contracts |
Metals | GCSIMGCSILPLPAHGMHG | Precious and industrial metals |
Agriculture | ZCZWZSZMZLZOZRLEHEGF | Agricultural commodities |
Consistency Rules
Apex Trader Funding stands out in the realm of proprietary trading firms by emphasizing trader consistency, which is crucial for sustained success in the trading world. The firm's consistency rules are designed to promote disciplined trading behavior and mitigate risks effectively.
Key Consistency Requirements
- •30% Profit Rule: Traders must ensure that no single trading day accounts for more than 30% of their total profits, specifically applicable to the first five payout periods.
- •Prohibited Strategies: To maintain a stable trading environment, strategies such as high-frequency trading and gambling-style trading are strictly prohibited.
- •Minimum Trading Days: Traders are required to engage in trading for a minimum of 7 days to qualify for payouts, ensuring consistent engagement and performance evaluation.
Traders at Apex Trader Funding must adhere to the 30% rule, which limits the maximum profit that can be realized in a single day to 30% of the total profits. This rule encourages traders to distribute their risk and avoid overly aggressive trading behaviors that could lead to significant losses.
Additionally, the prohibition of high-frequency and gambling-style trading strategies is in place to ensure that trading remains strategic and not speculative. These measures collectively create an environment where trading is approached with a long-term perspective, safeguarding both the trader's capital and the firm's interests.
Impact and Benefits
By enforcing these consistency rules, Apex Trader Funding aims to cultivate a disciplined trading culture. This not only helps in managing risk but also promotes sustainable growth in traders' accounts. Consistent performance is rewarded with a generous payout structure, including 100% of the first $25,000 per account, followed by a 90/10 split. These rules ensure that traders develop habits that lead to long-term success, aligning with the firm's objectives to foster skilled and responsible trading professionals.
Firm Rules
Apex Trader Funding is designed to offer traders a flexible yet disciplined environment to excel in the financial markets. The firm provides a clear set of guidelines to ensure a fair trading ecosystem while maximizing trader autonomy.
Key Trading Rules
- •News Trading Allowed: Traders can engage in news trading without restrictions, capitalizing on market-moving events.
- •Scalping Permitted: Apex Trader Funding supports scalping strategies, allowing traders to make quick, short-term trades.
- •No Forex Trading: Currently, forex trading is not available through the firm, focusing instead on other asset classes.
- •Weekend Holding Allowed: Traders have the flexibility to hold positions over the weekend, supporting longer-term strategies.
- •Hedging Permitted: The firm allows hedging, enabling traders to manage risk effectively.
- •Consistency Rule: The 30% rule mandates that no single day’s profit can exceed 30% of the total profits for the first five payouts, promoting steady growth.
Apex Trader Funding imposes specific restrictions to maintain market integrity. The firm prohibits high-frequency trading and gambling-style trading to ensure stability and prevent market manipulation. There are no minimum trading activity requirements, offering traders the freedom to trade at their own pace.
While expert advisors are not permitted, traders can leverage their skills and insights across various platforms, including NinjaTrader, Tradovate, Rithmic, TradingView, WealthCharts, Sierra Chart, and Bookmap.
Special Features
Apex Trader Funding offers a diverse range of tradable symbols across multiple asset classes, excluding forex. Traders can engage in crypto, indices, currencies, treasuries, volatility products, and commodities, with significant emphasis on agricultural, energy, and metals categories.
The firm allows the use of VPNs without specified conditions, providing flexibility for traders operating from different locations. Additionally, there are no prohibitions on trading from specific countries, broadening the firm's accessibility.
In summary, Apex Trader Funding provides a robust platform for traders seeking a flexible yet structured trading environment. With its diverse asset offerings and unique rules, the firm supports a wide range of trading strategies while maintaining a commitment to consistency and risk management.
Payout Policy
Apex Trader Funding offers a competitive payout policy designed to reward traders generously and efficiently. With a focus on maximizing trader earnings, the firm has structured its payout policy to ensure both flexibility and promptness.
Payout Structure
Apex Trader Funding provides an attractive profit split, ensuring that traders receive a significant share of their earnings. Key aspects of the payout structure include:
- •100% profit retention on the first $25,000 earned per account.
- •A 90/10 profit split for earnings exceeding $25,000.
Timing & Methods
Apex Trader Funding ensures timely and flexible payout options, catering to diverse trader preferences. The payout schedule is structured as follows:
- •Payouts are processed twice monthly, providing regular income streams.
- •Traders can request payouts after a minimum of 8 trading days.
- •Available payout methods include ACH, Wire Transfer, Rise, and Crypto, accommodating various banking and digital currency preferences.
Requirements & Benefits
To qualify for payouts, traders must meet specific criteria:
- •A minimum account balance of $50,000 is required to initiate a payout request.
- •The first payout is subject to a delay of 8 trading days to ensure compliance with trading day requirements.
Restricted Countries
Global Access
This firm accepts traders from most countries worldwide. Please check with the firm for specific eligibility requirements.